Extraordinary General Meeting – Poll Results
Shareholders approved sale of 45% equity interest in Shanghai Hutchison Pharmaceuticals Limited.
- Equity interest being sold 45%
- Votes in favour 475,229,253 (99.9745%)
- Votes against 121,270 (0.0255%)
- Total shares entitled to vote 871,601,095
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Hong Kong, Shanghai, & Florham Park, NJ: Monday, March 31, 2025: HUTCHMED (China) Limited (¡§HUTCHMED¡¨ or the ¡§Company¡¨) (Nasdaq/AIM: HCM; HKEX:13) today announces that the ordinary resolution put to its Extraordinary General Meeting (¡§EGM¡¨) held on March 31, 2025 was duly passed.
Reference is made to the notice of EGM dated March 14, 2025 and the circular to shareholders dated March 14, 2025 (the ¡§Circular¡¨) issued by the Company. Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those defined in the Circular.
The poll results of the ordinary resolution were as follows:
| Ordinary Resolution | Number of Votes (%)* | Passed by Shareholders | ||
|---|---|---|---|---|
| For | Against | Withheld # | ||
| To approve the transactions related to the sale and purchase of a total of 45% equity interest in Shanghai Hutchison Pharmaceuticals Limited under various agreements, and all actions by the Company and/or its subsidiaries pursuant or incidental to such transactions. ^ | 475,229,253 ( 99.9745 %) | 121,270 ( 0.0255 %) | 1,670 | Yes |
* Percentages rounded to 4 decimal places.
^ The full text of the resolution is set out in the notice of EGM dated March 14, 2025.
Notes:
- Except for Ms Ling YANG who had prior overseas commitments and was unable to attend the EGM, all directors of the Company, namely Dr Dan ELDAR, Dr Weiguo SU, Mr CHENG Chig Fung, Johnny, Ms Edith SHIH, Mr Paul Rutherford CARTER, Dr Renu BHATIA, Dr Chaohong HU, Mr Graeme Allan JACK, Professor MOK Shu Kam, Tony and Mr WONG Tak Wai, attended the EGM, either in person or by means of electronic facilities.
- Number of shares entitling the holders to attend and vote on the resolution at the EGM: 871,601,095 shares.
- Number of shares entitling the holders to attend and abstain from voting in favor as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ¡§Listing Rules¡¨) at the EGM: Nil.
- Number of shares for holders required under the Listing Rules to abstain from voting at the EGM: Nil.
- The scrutineer for the poll at the EGM was Computershare Investor Services (Jersey) Limited, the Principal Share Registrar of the Company.
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